ACTIVE

M & T PROJECT

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Financial year 2025 · closed on 31/12/2025
Net result
-12 k €
-266.3% YoY
Gross margin
179,2 k €
+29.8% YoY
Equity
67,8 k €
-15.0% YoY

What does M & T PROJECT do?

M & T PROJECT is a Public limited company incorporated in 2015. Its main activity is: Wholesale of beverages. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0642.756.642
Incorporation
09/11/2015
Legal form
Public limited company
Registered office
Kielsbroek 4 box C24
2020 Antwerpen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
46349Wholesale of beverages· main46349Wholesale of beverages46350Wholesale of tobacco products46350Wholesale of tobacco products47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores47242Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores+4
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin179,2 k €138,1 k €208,8 k €165 k €147,8 k €78,3 k €81,2 k €67,6 k €54,5 k €-36,9 k €
EBITDA-4,7 k €15,9 k €9,9 k €17,3 k €37,8 k €11,5 k €-2,9 k €38,2 k €26,7 k €-59,5 k €
Operating result-12 k €9,7 k €4,4 k €10,3 k €29,5 k €2,7 k €-11,7 k €30,4 k €18,9 k €-65,3 k €
Net result-12 k €7,2 k €2,1 k €7,7 k €25,6 k €3,1 k €-5 k €30,4 k €12,7 k €-65,5 k €
Balance sheet
Equity67,8 k €79,8 k €72,6 k €70,5 k €62,8 k €37,2 k €34,1 k €39,1 k €8,7 k €-4 k €
Total assets2,6 M €2,5 M €2,7 M €3,6 M €3 M €2,1 M €1,2 M €686,8 k €834,9 k €859,8 k €
Cash287,5 k €360,3 k €299,8 k €190,3 k €501,4 k €421,1 k €101,8 k €87,6 k €139,3 k €240,7 k €
Debts2,6 M €2,4 M €2,6 M €3,5 M €3 M €2,1 M €1,1 M €647,8 k €564,3 k €464,8 k €
Other
Workforce–––––––––1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Dogan TAYAR

Mandate

Active
Mirbey YILDIRIM

Mandate

Active
Serdar TAYAR

Mandate

Active

Ended mandates

Georges DIMITRIADIS

Managing director · since 01 avril 2017

Ended
Turgut AKGUL

Managing director · since 19 mai 2016 · until 31 décembre 2019

Ended
Turgut AKGUL

Managing director · since 19 mai 2016

Ended
Dogan TAYAR

Managing director · since 09 novembre 2015 · until 19 mai 2016

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202630/09/202523/10/202425/10/202330/09/202230/09/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202630/08/2026DutchPDF
Micro model31/12/202430/06/202530/09/2025DutchPDF
Micro model31/12/202330/06/202423/10/2024DutchPDF
Micro model31/12/202230/06/202325/10/2023DutchPDF
Micro model31/12/202130/06/202230/09/2022DutchPDF
Micro model31/12/202030/09/202130/09/2021DutchPDF
Micro model31/12/201930/10/202030/11/2020DutchPDF
Micro model31/12/201830/06/201928/10/2019DutchPDF
Micro model31/12/201730/06/201826/10/2018DutchPDF
Abridged model31/12/201622/12/201722/01/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Dogan TAYAR

Mandate

Active
Mirbey YILDIRIM

Mandate

Active
Serdar TAYAR

Mandate

Active

Ended mandates

Georges DIMITRIADIS

Managing director · since 01 avril 2017

Ended
Turgut AKGUL

Managing director · since 19 mai 2016 · until 31 décembre 2019

Ended
Turgut AKGUL

Managing director · since 19 mai 2016

Ended
Dogan TAYAR

Managing director · since 09 novembre 2015 · until 19 mai 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/04/2025
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/11/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-12 k €↓
  2. 2024
    Annual accounts 20247,2 k €↑
  3. 2023
    Annual accounts 20232,1 k €↓
  4. 2022
    Annual accounts 20227,7 k €↓
  5. 2021
    Annual accounts 202125,6 k €↑
  6. 2020
    Annual accounts 20203,1 k €↑
  7. 2019
    Annual accounts 2019-5 k €↓
  8. 2018
    Annual accounts 201830,4 k €↑
  9. 2017
    Annual accounts 201712,7 k €↑
  10. 2016
    Annual accounts 2016-65,5 k €
  11. 09/11/2015
    IncorporationPublic limited company